Karachi: Dawood Lawrencepur Limited (DLL) has announced a significant change in the face value of its shares, set to take effect on June 6, 2026. This announcement, dated May 22, 2026, was made public through the Pakistan Stock Exchange (PSX) website.
According to information available from the Pakistan Stock Exchange (PSX), the face value of DLL shares will be reduced from PKR 10 to PKR 1. This adjustment will result in a modified settlement cycle for a single trading day, specifically on June 5, 2026. On this day, trading will operate on a T+0 basis, meaning settlements will occur on the same day. Following this, the usual T+1 settlement cycle will resume from June 8, 2026.
The stock split will increase the total number of DLL shares from 80.08 million to 800.77 million, while the company’s paid-up capital will remain constant. As a result of this change, the opening price of DLL shares on June 8, 2026, will be one tenth of the closing price recorded on June 5, 2026.
Market participants are advised to take note of these changes and adjust their trading strategies accordingly.